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: Digital streaming now accounts for nearly 40% of total market revenue , fueled by high smartphone penetration and on-demand demand. 2. Technological Catalysts: AI and Immersive Media
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The global entertainment and media industry was valued at approximately $1.4 trillion in 2020 and is projected to reach $1.8 trillion by 2025, growing at a compound annual growth rate (CAGR) of 4.5% (Source: PwC). The industry encompasses a broad range of sub-sectors, including film and television production, music, publishing, video games, and live events. : Digital streaming now accounts for nearly 40%
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